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Author Topic: Should I keep money in the bank or buy bitcoins?  (Read 267 times)
lalabotax
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March 15, 2023, 10:27:57 PM
 #41

In my opinion, if you buy some bitcoins instead of keeping money in the bank, you can benefit from the current market.  Because Bitcoin is known as the godfather of digital currency around the world.  Your bank will give you a small profit on your capital month after month. 
This plan will work very well if one really understands Bitcoin investment. Sometimes, some people may not really understand Bitcoin and its characteristics with its volatility. That is why once they are investing, they may be shocked because of the market correction. And this will lead them to think saving money is better in a bank because of the volatility.

But, for people who understand Bitcoin and its volatility benefits, this is exactly very worth it to save money in Bitcoin rather than in a bank, moreover if we are expecting long-term investment. This will be much worth it. The problem is how able somebody survives during this bearish market.

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